2. Snap Fitness Inc.
Snap Fitness Inc. was founded in 2003 by Peter Taunton – professional racquetball player. This 24-hour gym franchise has been branching out since 2004, and currently boasts no less than 922 US franchise locations, 394 international locations and 125 company owned gyms. These figures can be explained by sound strategy and low franchising fees. Initial investments aren’t higher than $109,525 to $285,620, while liquid cash requirements are low as well, amounting to $75,000. Only net worth requirements of $250,000 can be considered somewhat high.
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